Weekly Yield Wrap-Up:
🔥 $FLR is climbing, ending the week at 8.62% (up from 8.34%)
💰 $MPC is still offering massive rewards, holding strong at 20.09%
Put your assets to work. Stake now: https://t.co/X0WJIhtKIx
@4DadsFtso@ChunchunSisters That would be a completely draconian measure for what was very clearly, very publicly an honest mistake and would set a horrible zero tolarance precedent for the network. But we will comply with any measures.
It means that we immediately stopped delegating to the nodes above the limits imposed by the Flare network and are waiting on the expiry date of all delegations to deregister the entity above limit and permanently close it. We (Sceptre, the organization) won't earn anything from it.
@Nebuchadnzzr All value-accretion tokens like sFLR work the same way: when rewards are added to the pool, the token's value relative to the base token (in this case, FLR) goes up in the proportion of those rewards.
@DanielE67980852 Be assured that this issue does not affect any staking. We were unaware of the Flare validator limit—which was imposed by a proposal a year before we began operations—and we took measures to become compliant immediately after it was brought to our attention.
Our partners at @partisiampc are collaborating with the @UN to tackle global development challenges through blockchain and decentralised AI. If you’re a developer looking to make a difference in the world, consider applying for the #SDGBlockchainAccelerator.
@nigiri_crypto We address this in our latest article. When we partnered with a validator operator, we were unaware of the Flare network's limit of one validator per entity. We are already winding down anything exceeding this limit.
https://t.co/UnuNNWe6Qg
We��ve partnered with a validator operator to increase our operational flexibility and, most importantly, maximize the rewards we pass on to the Sceptre community. Read the full announcment below: https://t.co/xhTjsc18hA
Weekly Yield Wrap-Up:
🔥 $FLR is climbing, ending the week at 8.62% (up from 8.34%)
💰 $MPC is still offering massive rewards, holding strong at 20.09%
Put your assets to work. Stake now: https://t.co/X0WJIhtKIx
The proposal that set limits per entity is not the latest - it precedes Sceptre by 1 year. As soon as we learned about it, everything over that limit was rolled back in order to comply. Blockchain technology is highly transparent - it makes no sense to treat this as foul play when it was public.
We’ve partnered with a validator operator to increase our operational flexibility and, most importantly, maximize the rewards we pass on to the Sceptre community. Read the full announcment below: https://t.co/xhTjsc18hA
@digital_samarai@U2W7d@FlareNetworks You don't manually claim rewards on Sceptre - we do it automatically for you. When you stake, you receive a value-accruing token in your wallet ($sFLR). Its value goes up to reflect the rewards you accumulate.
Why does our APY fluctuate so much?
Yesterday, fresh staking rewards hit the pool, boosting @SceptreLS on @FlareNetworks once again. To keep things transparent, we wrote a step-by-step guide explaining the formula behind our APY. Read it here 👇
https://t.co/TDRLdHrouS
If you’re looking to extract some extra yield from your $sFLR, @spectra_finance fixed rates are looking good, with one of the pools available maturing on September 30th.
Check them here: https://t.co/vjH6aP31dI
Almost unnoticed, $sFLR just broke the 1.87 $FLR barrier! We are now just 0.13 away from the magic 2.0 mark. Are we hitting 2 $FLR before the end of the year?
Crypto is roaring back, and @RobinhoodCrypto CEO @vladtenev is right: tokenization is the future of finance.
Sceptre’s new RWA vault is part of this revolution, giving everyday users access to opportunities meant for wealthy accredited investors.
Launching soon.
🔥 NOW: Robinhood CEO Vlad Tenev says "we are in the early innings of a global tokenization supercycle," one he believes will “eat the entire financial system."
Yield rates are up for both @FlareNetworks and @Partisiampc staking on @SceptreLS:
$FLR: 8.34% APY
$MPC: 25.65% APY
Stake now on https://t.co/X0WJIhtKIx
RWAs are rewiring global finance, and Wall Street is paying attention. As Sceptre gears up to bring RWAs to you, we’re breaking down why this sector has hit a tipping point—and why everyone from institutional powerhouses to everyday investors is rushing on-chain.